Monday 23 September 2019

Crude Oil Gained After On Fresh Tensions In The Middle East

Crude oil trading range for the day is 4113-4259.

Crude oil gained after on fresh tensions in the Middle East after a key Saudi Arabian supply hub was knocked out in an attack last weekend.

Saudi Arabia's production dropped by almost half after an attack crippled a major oil processing facility.

In the United States, meanwhile, torrential rain from Tropical Storm Imelda has forced a major refinery to cut production and shut a key oil pipeline.

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